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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (October 02, 2023 – October 06, 2023)

L&T
L&T
L&T closed the previous week on a negative note losing 6.13%.

Technically, L&T share price will see immediate support at 2,910.25 and immediate resistance would be seen at 3,097.60.

If L&T share price closes below immediate support of 2,910.25, then sharp breakdown can be seen. L&T share price will see major support at 2,796.95 for the week.

On the positive side, immediate resistance will be seen at 3,097.60. Closing above 3,097.60, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,171.65 for the week.

Trading range for L&T share price for this week should be between 2,722.90 on down side and 3,284.95 on up side.

L&T Previous Week High: 3058.35

L&T Previous Week Low: 2871

L&T Previous Week Range: 187.35 Points

L&T share price support and resistance for the week (October 02, 2023 – October 06, 2023)

Level Type Value
Resistance 3 3,284.95
Resistance 2 3,171.65
Resistance 1 3,097.60
Support 1 2,910.25
Support 2 2,796.95
Support 3 2,722.90
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